ul.lst-kix_xk0efe7fkgw0-6{list-style-type:none}ul.lst-kix_xk0efe7fkgw0-7{list-style-type:none}ul.lst-kix_xk0efe7fkgw0-8{list-style-type:none}ul.lst-kix_xk0efe7fkgw0-2{list-style-type:none}ul.lst-kix_xk0efe7fkgw0-3{list-style-type:none}ul.lst-kix_xk0efe7fkgw0-4{list-style-type:none}ul.lst-kix_xk0efe7fkgw0-5{list-style-type:none}.lst-kix_49cd5wwww5e2-0 > li:before{content:"● "}.lst-kix_athhf6hb7wz6-0 > li:before{content:"● "}ul.lst-kix_xk0efe7fkgw0-0{list-style-type:none}ul.lst-kix_xk0efe7fkgw0-1{list-style-type:none}.lst-kix_49cd5wwww5e2-2 > li:before{content:"■ "}.lst-kix_49cd5wwww5e2-1 > li:before{content:"○ "}.lst-kix_athhf6hb7wz6-5 > li:before{content:"■ "}.lst-kix_9e2nnrbumyl-7 > li:before{content:"○ "}.lst-kix_xk0efe7fkgw0-2 > li:before{content:"- "}.lst-kix_xk0efe7fkgw0-3 > li:before{content:"- "}.lst-kix_athhf6hb7wz6-3 > li:before{content:"● "}.lst-kix_athhf6hb7wz6-7 > li:before{content:"○ "}.lst-kix_xk0efe7fkgw0-1 > li:before{content:"- "}.lst-kix_athhf6hb7wz6-4 > li:before{content:"○ "}.lst-kix_9e2nnrbumyl-4 > li:before{content:"○ "}.lst-kix_9e2nnrbumyl-8 > li:before{content:"■ "}.lst-kix_athhf6hb7wz6-1 > li:before{content:"○ "}.lst-kix_9e2nnrbumyl-3 > li:before{content:"● "}.lst-kix_athhf6hb7wz6-8 > li:before{content:"■ "}ul.lst-kix_athhf6hb7wz6-8{list-style-type:none}.lst-kix_9e2nnrbumyl-1 > li:before{content:"○ "}.lst-kix_xk0efe7fkgw0-0 > li:before{content:"- "}.lst-kix_athhf6hb7wz6-2 > li:before{content:"■ "}.lst-kix_9e2nnrbumyl-2 > li:before{content:"■ "}ul.lst-kix_49cd5wwww5e2-0{list-style-type:none}ul.lst-kix_49cd5wwww5e2-1{list-style-type:none}ul.lst-kix_49cd5wwww5e2-4{list-style-type:none}ul.lst-kix_49cd5wwww5e2-5{list-style-type:none}ul.lst-kix_49cd5wwww5e2-2{list-style-type:none}ul.lst-kix_49cd5wwww5e2-3{list-style-type:none}ul.lst-kix_49cd5wwww5e2-8{list-style-type:none}ul.lst-kix_49cd5wwww5e2-6{list-style-type:none}ul.lst-kix_49cd5wwww5e2-7{list-style-type:none}.lst-kix_9e2nnrbumyl-5 > li:before{content:"■ "}.lst-kix_athhf6hb7wz6-6 > li:before{content:"● "}.lst-kix_9e2nnrbumyl-6 > li:before{content:"● "}ul.lst-kix_1qvc3o1s2bfa-3{list-style-type:none}ul.lst-kix_1qvc3o1s2bfa-4{list-style-type:none}ul.lst-kix_1qvc3o1s2bfa-5{list-style-type:none}ul.lst-kix_1qvc3o1s2bfa-6{list-style-type:none}ul.lst-kix_1qvc3o1s2bfa-7{list-style-type:none}ul.lst-kix_1qvc3o1s2bfa-8{list-style-type:none}.lst-kix_1qvc3o1s2bfa-8 > li:before{content:"■ "}ul.lst-kix_9e2nnrbumyl-6{list-style-type:none}.lst-kix_1qvc3o1s2bfa-7 > li:before{content:"○ "}ul.lst-kix_9e2nnrbumyl-7{list-style-type:none}ul.lst-kix_9e2nnrbumyl-4{list-style-type:none}ul.lst-kix_9e2nnrbumyl-5{list-style-type:none}ul.lst-kix_9e2nnrbumyl-2{list-style-type:none}ul.lst-kix_9e2nnrbumyl-3{list-style-type:none}ul.lst-kix_1qvc3o1s2bfa-0{list-style-type:none}ul.lst-kix_9e2nnrbumyl-0{list-style-type:none}ul.lst-kix_1qvc3o1s2bfa-1{list-style-type:none}.lst-kix_1qvc3o1s2bfa-6 > li:before{content:"● "}ul.lst-kix_9e2nnrbumyl-1{list-style-type:none}ul.lst-kix_1qvc3o1s2bfa-2{list-style-type:none}ul.lst-kix_athhf6hb7wz6-3{list-style-type:none}ul.lst-kix_athhf6hb7wz6-2{list-style-type:none}ul.lst-kix_athhf6hb7wz6-1{list-style-type:none}ul.lst-kix_athhf6hb7wz6-0{list-style-type:none}ul.lst-kix_athhf6hb7wz6-7{list-style-type:none}ul.lst-kix_athhf6hb7wz6-6{list-style-type:none}ul.lst-kix_athhf6hb7wz6-5{list-style-type:none}.lst-kix_9e2nnrbumyl-0 > li:before{content:"● "}ul.lst-kix_9e2nnrbumyl-8{list-style-type:none}ul.lst-kix_athhf6hb7wz6-4{list-style-type:none}.lst-kix_xk0efe7fkgw0-4 > li:before{content:"- "}.lst-kix_49cd5wwww5e2-4 > li:before{content:"○ "}.lst-kix_49cd5wwww5e2-6 > li:before{content:"● "}.lst-kix_xk0efe7fkgw0-5 > li:before{content:"- "}.lst-kix_49cd5wwww5e2-3 > li:before{content:"● "}.lst-kix_49cd5wwww5e2-7 > li:before{content:"○ "}.lst-kix_1qvc3o1s2bfa-0 > li:before{content:"● "}.lst-kix_xk0efe7fkgw0-6 > li:before{content:"- "}.lst-kix_xk0efe7fkgw0-7 > li:before{content:"- "}.lst-kix_xk0efe7fkgw0-8 > li:before{content:"- "}.lst-kix_49cd5wwww5e2-5 > li:before{content:"■ "}.lst-kix_1qvc3o1s2bfa-3 > li:before{content:"● "}.lst-kix_1qvc3o1s2bfa-1 > li:before{content:"○ "}.lst-kix_1qvc3o1s2bfa-5 > li:before{content:"■ "}.lst-kix_1qvc3o1s2bfa-4 > li:before{content:"○ "}.lst-kix_49cd5wwww5e2-8 > li:before{content:"■ "}.lst-kix_1qvc3o1s2bfa-2 > li:before{content:"■ "}
Unearned Revenues ex: rent, airline tickets, customer deposits, etc.
We also discuss several other topics like What does cladistics mean?
adjusting - debt to liability account (decrease)
entry - credit to revenue account (increase)
unearned service revenue xx
service revenue xxWe also discuss several other topics like What are the two types of implicit?
services performed
2. Recording accruals
-Revenues for services performed but not yet recorded at the statement Don't forget about the age old question of What is an array bag in Computer Science?
date
-expenses incurred but not yet paid in cash / recorded at statement date
- Accrued Revenues in regard to: rent, interest, services
-adjusting entry shows the receivable that exists & records revenues for Don't forget about the age old question of Who assisted Sir Thomas Stamford Raffles in landing to Singapore?
services performed We also discuss several other topics like What do you mean by a tambar?
-increase asset account (debt)
-increase revenue account (credit)
Don't forget about the age old question of ms4630
accounts receivable xx
service revenue xx
cash xx
accounts receivable xx
- Accrued expenses - interest, taxes, salaries
- debit expense account
- credit liabilities account
- used to make financial statements
use to make income statement first
-make owner’s equity statement second
